A case of Constellation Brands Inc. Corona beer sits on a shelf in a cooler during a delivery in Ottawa, Illinois, U.S., on Tuesday, April 2, 2019. Daniel Acker| Bloomberg | Getty Images Shares of Constellation Brands dropped more than 8% Friday on the back of President Donald Trump‘s threat to slap tariffs on all
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said on Friday he does not believe that Wall Street actually thinks President Donald Trump is going to slap a 5% tariff on all of Mexico’s imports. Otherwise, he said, “The market should be down much more.” The Dow Jones Industrial Average opened more than 200
The economic relationship between the United States and China needs to change, Tony Ressler, a billionaire veteran of Wall Street, said Friday. “The Trump administration is making some very important points about how we do business with China,” said Ressler, co-founder of private equity giants Apollo Global Management and Ares Management. President Donald Trump, through
Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE), May 6, 2019 in New York City. Drew Angerer | Getty Images News | Getty Images Evaluating the price-earnings ratio is a deeply ingrained practice for investors. But it isn’t a metric that delivers positive results,
China’s President Xi Jinping has stifling dissent about his trade war strategy. Meanwhile, the U.S. has plans to challenge China’s Silk Road development initiative in Asia. (Photo by GULSHAN KHAN / AFP) If you want to know the endgame in this China trade war, it is probably this: redirect supply chains to favor American manufacturers;
U.S. President Donald Trump answers questions on the comments of special counsel Robert Mueller while departing the White House May 30, 2019 in Washington, DC. Win McNamee | Getty Images Tariffs that the U.S. is threatening to impose against Mexican goods could have steep costs, both economically and politically, while also impacting important policy decisions.
Over the past week, we’ve seen a ton of discussion about how far Tesla (NASDAQ:TSLA) stock could realistically fall. This was set off following two major investment banks setting extremely low “bear case” price targets for TSLA stock. Morgan Stanley cut its low-end target to $10, and Citi wasn’t far behind with its $36 outlook. The shares
Chinese President Xi Jinping chats with President Donald Trump during a welcome ceremony in Beijing on Nov. 9, 2017. AP Photo | Andy Wong A Chinese official tabloid editor followed by Wall Street for insight took a shot at President Donald Trump’s latest threat to impose tariffs on all Mexican imports. “Some day, the White
After the Trump tax cut in 2017, it was easy to see that big corporations were the big winners. They could extend their massive stock buyback programs into 2018 and keep earnings growing until the economy got back up to speed. But it also helped the banks, especially regional bank stocks. They were able to
The Federal Reserve is likely to cut interest rates twice this year in response to the impact from President Donald Trump potentially opening a new front in the trade war, according to J.P. Morgan strategists. The firm is the first on Wall Street to catch up to market expectations that the Fed will ease policy
Corona beer, owned by Constellation Brands. Getty Images Check out the companies making headlines midday Friday: Constellation Brands, Calavo Growers, Chipotle Mexican Grill — Shares of the Corona and Modelo beer marker fell more than 6% as investors worried tariffs on Mexican goods would increase Constellation Brands’ import costs. Calavo Growers and Chipotle, meanwhile fell
Shares of Chinese electric vehicle (EV) manufacturer NIO (NYSE:NIO) have been under serious pressure for most of 2019. Early in the year, NIO stock got a huge bump from favorable coverage in a “60 Minutes” special. Source: Shutterstock That rally was ultimately short-circuited by an announcement from management that early 2019 deliveries were trending below
Avocado toast and that extra side of guacamole are probably going to get more expensive if President Donald Trump‘s newest trade threat becomes a reality. The United States gets the vast majority of its supply of the popular fruit from Mexico. If Trump’s surprise threat of 5% tariffs on imports from the country goes into effect,
Federal Reserve Chairman Jerome Powell holds a news conference following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, U.S., March 20, 2019. Jonathan Ernst | Reuters Federal Reserve officials speaking at a policy conference may get a lot more attention than usual in the week ahead after President Donald Trump’s latest tariff
U.S. equities are falling hard on Friday, continuing a week of losses, as a cavalcade of global macro factors weigh on sentiment. The big news was that President Donald Trump is threatening to enact tariffs against Mexico unless it curbs illegal immigration through the southern U.S. border. This caps long-running hints that Trump could close
Insider buying could be a powerful bullish indicator. When analyzing a company as a potential long-term investment, I always like to know the insiders are doing. It goes without saying that they probably have a much better idea of what is happening in the company than most analysts. They certainly know more about it than
When markets have large selloffs and are making new lows, I always like to check out the list of stocks that are making new highs. I do this to find new investment opportunities because I believe that if these stocks perform well in bad markets, they will probably do even better when the markets eventually
With the benefit of hindsight, the old adage about selling in May and going away proved to be good advice this year. As has been the case for much of this month, trade wars sank stocks on Friday as the Nasdaq Composite and the S&P 500 slipped by 1.5% and 1.3% while the Dow Jones
Veeva Systems Inc (NYSE:VEEV) just released its Q1 earnings and VEEV stock had its best day in five years. And Wall Street is starting to realize that this stock is the one to beat in this fast-growing niche. Source: Shutterstock Fortunately for my readers, I’ve been bullish on VEEV stock for a while now and
U.S. equities were hit on Friday thanks to a surprise tariff tweet from President Trump toward Mexico. It’s got investors spooked about an escalating trade war. Let’s look at some top stock trades going into next week. Top Stock Trades for Tomorrow #1: Okta Click to Enlarge What a beast. Just like Veeva (NASDAQ:VEEV) —
- 1
- 2
- 3
- …
- 298
- Next Page »